BUA-UN.TO Bloom U.S. Income & Growth Fund (TSX) C$7.31 pre-market 08 Jan 2026: Oversold bounce watch
BUA-UN.TO stock trades at C$7.31 in pre-market on 08 Jan 2026, sitting just above its 50-day average and showing low volume that can amplify short-term moves. The Bloom U.S. Income & Growth Fund (BUA-UN.TO) is a closed-end Canadian fund listed on the TSX that targets dividend-paying U.S. value names and REITs. For oversold bounce traders, the combination of thin liquidity (787 shares traded), a tight trading range, and sector momentum in Financial Services suggests a measured short-term trading opportunity.
Quick snapshot: BUA-UN.TO stock price and volume
Current price is C$7.31 with a day range of C$7.31–C$7.31 and a 52-week range of C$4.89–C$7.45. The 50-day average is C$7.19 and the 200-day average is C$7.11.
Liquidity is thin: volume today is 787 versus an average volume of 796, and relative volume is 0.99, which raises execution and slippage risk for larger orders.
Why an oversold bounce setup matters for BUA-UN.TO stock
BUA-UN.TO is a closed-end fund focused on U.S. dividend value and REIT exposure, which can see sharp short-term mean reversion when flows or distributions change. The fund’s proximity to its 50-day and 200-day averages makes a quick bounce plausible if U.S. equities or dividend sectors move higher.
The Financial Services sector in Canada has shown strength year-to-date (+17.21%), which can lift a fund with U.S. income assets if sentiment improves, supporting an oversold bounce trade idea for BUA-UN.TO stock.
Technical picture and Meyka AI grade for BUA-UN.TO stock
Technical indicators are limited by low trading activity, but price sitting above both moving averages signals immediate short-term support. Volatility metrics are muted on record, so a small inflow could move price quickly.
Meyka AI rates BUA-UN.TO with a score of 68.75 out of 100 — Grade B, HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Grades are informational and not investment advice.
Valuation, financials and fund structure for BUA-UN.TO stock
Reported metrics show no EPS or PE data available for this closed-end fund, so traditional equity valuation is not applicable. Market cap and shares outstanding are not reported publicly, and distributions or NAV data must be checked on Bloom’s fund site.
Investors should use price relative to NAV, yield history, and holdings disclosure on the fund website Bloom Funds profile to assess fair value and distribution sustainability.
Catalysts, risks and trading plan for BUA-UN.TO stock
Catalysts that could trigger a bounce include positive U.S. dividend sector moves, a fund distribution announcement, or an uptick in trading volume that closes the discount to NAV. Monitor U.S. REIT and dividend ETF flows as leading indicators.
Key risks: very low liquidity, limited public financial metrics, and sensitivity to U.S. equity volatility. For an oversold bounce approach, consider a small position size, an entry near C$7.10–C$7.30, a stop loss around C$6.85, and a short-term target between C$7.90 and C$8.50.
Price targets and forecast for BUA-UN.TO stock
There is no published analyst consensus or official price target. Our scenario targets: conservative C$7.70, base C$8.10, optimistic C$8.50.
For background and chart images, see the fund profile and data image Bloom Funds profile and data image.
Final Thoughts
Short-term traders watching an oversold bounce should note BUA-UN.TO stock is currently trading at C$7.31 in pre-market on 08 Jan 2026, with narrow intraday ranges and low liquidity. The fund sits just above its 50-day (C$7.19) and 200-day (C$7.11) averages, which provides a tidy technical support zone. Meyka AI’s forecast model projects C$8.10 as a plausible short-term target, implying an upside of 10.80% versus the current price. That projection is model-based and not a guarantee. Given the fund’s closed-end structure, lack of EPS/PE data, and thin volume, we recommend position sizing carefully and using a disciplined stop loss. For traders who accept liquidity risk, an oversold bounce play between C$7.10 and C$7.30 with targets at C$7.90–C$8.50 fits the current setup. Meyka AI provides this as part of our AI-powered market analysis platform; forecasts and grades are informational and not investment advice.
FAQs
What is driving the current move in BUA-UN.TO stock?
The move reflects thin trading (volume 787) and price sitting above short-term averages. Sector momentum in Financial Services and U.S. dividend trends can also influence BUA-UN.TO stock in the near term.
Does BUA-UN.TO pay a dividend and how does that affect an oversold bounce?
BUA-UN.TO is a closed-end fund focused on dividend-paying U.S. stocks and REITs. Distribution expectations can trigger short-term buying and support an oversold bounce in BUA-UN.TO stock.
What are sensible targets and stops for a short-term trade in BUA-UN.TO stock?
A tactical plan: entry C$7.10–C$7.30, stop C$6.85, targets C$7.90 (conservative) to C$8.50 (aggressive). Adjust size for liquidity risk and personal risk tolerance.
Where can I find official fund details for Bloom U.S. Income & Growth Fund?
Official fund holdings, distributions and documents are on the fund site: Bloom Funds profile. Use those filings for NAV and distribution data before trading BUA-UN.TO stock.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
